Also if we zoom out the Bitcoin chart, we can see it looks like we are forming another cup and handle pattern which is very bullish if we break the neck line. consider it already has broke the handle part of the pattern and is going to retest the neck line.
As You can see in the chart, Bitcoin is simply repeating his behavior these days, And if it continues to repeat we can see a huge pump after breaking the neck line of the pattern
the target of a cup and handle pattern is measured by the height of the cup which in this case is 70k
this is not a financial advice, by the way good luck!
As You can see in the chart, Bitcoin is simply repeating his behavior these days, And if it continues to repeat we can see a huge pump after breaking the neck line of the pattern
the target of a cup and handle pattern is measured by the height of the cup which in this case is 70k
this is not a financial advice, by the way good luck!